2012-05-14T18:04:35-04:00 2011-06-30 PricewaterhouseCoopers LLP 125 High Street Boston MA 02110 990 2010-07-01 042103629 Simmons College SIMM 6175212877 300 The Fenway Boston MA 02115 MAUREEN JOYCE 2012-05-14 true PRICEWATERHOUSECOOPERS LLP 6175305000 2010 2016-02-24 21:20:13Z Helen Drinan 300 The Fenway Boston MA 02115 153984288 false X www.simmons.edu X 1899 MA SEE SCHEDULE O 37 36 3285 1508 1193477 -58835 11337523 11168402 124267486 130078156 4627414 9237566 2686617 3500164 142919040 153984288 21789942 24140161 0 0 70424024 66718513 12491 45510 2627000 49420613 52210743 141647070 143114927 1271970 10869361 393182956 415872241 215067469 210398005 178115487 205474236 X SEE SCHEDULE O. false false 48747664 20484915 58742150 Instruction - Undergraduate Programs: Simmons is a private, nonsectarian institution located in Boston's Fenway Area, and currently serves 1,912 undergraduate women. The undergraduate curriculum offers 40 majors and programs. During the 2011 academic year, the College conferred 565 baccalaureate degrees. Instruction includes expenditures for the undergraduate program as well as financial aid provided by the College to students in the form of scholarships and grants. Approximately 81% of undergraduates received financial aid in the form scholarships or grants from the College. 29578009 3655246 53878651 Instruction - Graduate Programs: Simmons currently serves 3,071 men and women in five graduate programs at the master and doctoral levels. These programs are housed in the Graduate School of Library and Information Science, the School of Social Work, the School of Management, the School of Nursing and Health Science and in the College of Arts and Sciences. During the 2011 academic year, the College conferred 1,250 graduate degrees. Instruction includes expenditures for the graduate programs as well as financial aid. Approximately 20% of graduate students receive financial aid in the form of scholarships or grants from the College. 21099244 0 0 See Schedule O. 13642995 17457355 113067912 true true false true false false true true true true false false false true false true false true false true false false true false false false false true true true false false false false false false false false false true true true false false false true true true false false true 202 0 true 3285 true true true false false false false false false false false false X 37 36 false false false false true true false true true false false true true true true true true true true false MA X MAUREEN JOYCE COMPTROLLER 6175212097 300 THE FENWAY Boston MA 02115 X Carmen Aponte Baez 1.0 X 0 0 0 Robert E Branson 1.0 X 0 0 0 Lauren J Brisky 10.0 X 0 0 0 Deborah C Brittain 4.0 X 0 0 0 Joyce L Elden 4.0 X 0 0 0 Atsuko Toko Fish 1.0 X 0 0 0 Eileen M FRIARS 4.0 X 0 0 0 Jill A Greenthal 1.0 X 0 0 0 Hope Hirsch 1.0 X 0 0 0 Anne C Hodsdon 1.0 X 0 0 0 John W Humphrey 1.0 X 0 0 0 Stephen P Jonas 4.0 X 0 0 0 Kathleen Morrisey LaPoint 1.0 X 0 0 0 Ngina Lythcott 4.0 X 0 0 0 Judith SAMDPERIL Mann 4.0 X 0 0 0 Stephen P McCandless 4.0 X 0 0 0 Jacqueline C Morby 1.0 X 0 0 0 Regina M Pisa 4.0 X 0 0 0 Carol Waller Pope 1.0 X 0 0 0 Emily Scott Pottruck 4.0 X 0 0 0 Lucia Luce Quinn 1.0 X 0 0 0 Faith M Richardson 1.0 X 0 0 0 JoAnn Robotti 4.0 X 0 0 0 Carole Seigel 1.0 X 0 0 0 Toby M Sloane 1.0 X 0 0 0 Helen G Drinan 40.0 X X 404825 0 27550 Paula A Sneed 1.0 X 0 0 0 Janet Trafton Tobin 1.0 X 0 0 0 Andrea K Waldstein 1.0 X 0 0 0 Amy E White 4.0 X 0 0 0 Dwight B Crane 1.0 X 0 0 0 Jennifer A Kelly Choi 1.0 X 0 0 0 Susan A Ollila 1.0 X 0 0 0 Roslyn M Watson 1.0 X 0 0 0 Christian Pope Campbell 1.0 X 0 0 0 Jane Buyers-Russo 1.0 X 0 0 0 Winston Tabb 1.0 X 0 0 0 Stefano Falconi 40.0 X 339469 0 54330 Cheryl E Howard 40.0 X 230031 0 29047 Kathleen B Rogers 40.0 X 189063 0 61185 Kristina G Schaefer 40.0 X 239637 0 69648 Charlena Seymour 40.0 X 291266 0 25772 Patricia C Fallon 40.0 X 171440 0 29716 Deborah G Taft 40.0 X 186524 0 32488 Deborah M Kolb 40.0 X 170906 0 19011 Andrew Effrat 40.0 X 195189 0 18914 Sarah H Neill 40.0 X 177404 0 27306 Deborah M Merrill-Sands 40.0 X 94728 0 7791 Susan C Scrimshaw 0.0 X 156000 0 0 Michele Cloonan 40.0 X 207510 0 27700 Gerald P Koocher 40.0 X 170571 0 42797 Stefan Krug 40.0 X 168387 0 46288 Diane Grossman 40.0 X 209765 0 27686 3602715 0 547229 79 true true false Lee Kennedy CO INC 122 Quincy Shore Drive S 1 NORTH QUINCY MA 021712906 general contractor 1577484 Aramark 1101 Market Street PHILADELPHIA PA 19107 food serviceS 2874288 Unicco serviceS company 4002 SOLUTIONS CENTER CHICAGO IL 606774000 facilities mgmt 2387117 THOMAS GALLAGHER CO 109 SMITH PLACE CAMBRIDGE MA 02138 MECH CONTRACTOR 813319 ROYALL COMPANY 1920 EAST PARHAM ROAD RICHMOND VA 23228 DIRECT MARKETING 632687 28 2988519 8179883 705604 11168402 TUITION AND FEES 900099 112620801 112620801 AUXILIARY ENTERPRISES 900099 14344209 14344209 OTHER SOURCES 900099 3113146 1900708 1212438 130078156 703707 -18961 722668 0 0 3500164 3500164 3500164 3500164 8533859 8533859 8533859 8533859 0 0 0 0 153984288 128865718 1193477 12756691 0 24140161 24140161 0 0 1929767 1653251 276516 0 50973012 40992150 8488397 1492465 3187997 2480859 602041 105097 6947760 5406660 1321768 219332 3679977 2863712 694950 121315 0 502507 37433 465074 423146 423146 10000 10000 45510 45510 436279 51347 384932 1728469 1118364 609313 792 694193 219179 471685 3329 799524 689034 104403 6087 2290123 1229651 1024757 35715 0 5109902 4035857 1074045 1482247 1166356 217885 98006 0 291807 227511 58755 5541 7182921 5077614 2105307 0 12483884 10722968 1760916 558889 14856 544033 CONTRACTED SERVICES 9081238 6686901 2382171 12166 FOOD SERVICE EXPENSE 3712823 3107913 520467 84443 LIBRARY EXPENSES 638850 605681 26547 6622 PRINTING & PUBLICATION 722871 131911 515740 75220 ANNUITIES 265361 265361 3795709 2061794 1695071 38844 143114927 113067912 27420015 2627000 31847913 39631099 5179514 4987552 5153822 4950737 284849566 87686779 205569753 197162787 135716986 159273190 9714968 9866876 393182956 415872241 14235270 15378064 2323316 1643332 187045928 183534023 776796 814713 10686159 9027873 215067469 210398005 X 65667647 76812434 55732826 67894158 56715014 60767644 178115487 205474236 393182956 415872241 X 10869361 16489388 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false false true 10000 true 1 10001 false false Schedule C, Part II-B, Lines 1h & 1I Simmons College is a member of various educational associations which may engage in lobbying activities on their behalf. Simmons College is not aware of the actual amount of member fees associated with such lobbying efforts. The College incurred lobbying expenditures from payments made to a consultant who assists in the development and presentation of institutional initiatives for consideration by the State legislature. 2375 0 X X X false false true 141511154 2924080 24430493 1396601 5629332 161839794 140053294 3007951 7117233 1321357 7345967 141511154 183407381 3089720 -37983035 1669530 6791242 140053294 0.31000 0.69000 0.00000 false false 0 815000 815000 0 239679423 62127083 177552340 0 44355143 25559696 18795447 197162787 0 CURRENT PORTION OF LOAN PAYABLE 222222 LOAN PAYABLE 1185185 U.S. GOVERNMENT LOAN ADVANCES 3338053 OTHER LIABILITIES 3482582 DEPOSIT PAYABLE 799831 9027873 153984288 143114927 10869361 16489388 16489388 27358749 146333515 16489388 -24140161 -7650773 153984288 153984288 118974766 118974766 24140161 24140161 143114927 Schedule D, Part III, Line 4 The Simmons College art collection is comprised of paintings, drawings, prints, sculpture, and photography which is used to support the college's curriculum. Schedule D, Part IV, Line 2b The College maintains agency accounts for Alumnni and student groups. The college acts as a fiscal agent for the funds. Schedule D, Part V, Line 4 The Simmons Endowment Fund is used to support the educational mission of the college. It is intended to provide an intergenerational source of funding for student scholarships, research, instructional programs, and general operations of the College. Schedule D, Part X - Fin 48 Simmons College does not have a FIN 48 footnote as any uncertain tax positions were deemed immaterial for the year ended June 30, 2011. Schedule D, Part XII, Line 2d Student Aid ($24,140,161) Schedule D, Part XIII, Line 4b Student Aid $24,140,161 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 A DESCRIPTION OF THE COLLEGE'S NON-DISCRIMINATORY POLICY IS PUBLISHED IN ALL OF ITS PRIMARY ADMISSION AND RECRUITING PUBLICATIONS AND IN THE STUDENT HANDBOOK. IT IS ALSO POSTED IN SEVERAL LOCATIONS ON THE COLLEGE'S WEBSITE UNDER "POLICIES," THE OFFICE OF GENERAL COUNSEL, AND HUMAN RESOURCES. SCHEDULE E, PART I, LINE 6A SIMMONS COLLEGE RECEIVES FUNDING FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES IN SUPPORT OF THE COLLEGE'S EDUCATIONAL MISSION. East Asia and the Pacific 0 0 Program Services study abroad Europe (Including Iceland and Greenland) 0 0 Program Services study abroad Middle East and North Africa 0 0 Program Services study abroad North America 0 0 Program Services study abroad South America 0 0 Program Services study abroad Sub-Saharan Africa 0 0 Program Services study abroad Sub-Saharan Africa 0 0 Program Services CONFERENCES Central America and the Caribbean 0 0 Program Services study abroad Central America and the Caribbean Investments 12485166 0 0 0 0 12485166 12485166 true false true true true false Form 990, Part I, Column (F) Pursuant to IRS Guidance, expenditures are not required to be reported in this column for the current year (with the exception of investments). X X X X X X true MARTS LUNDY CONSULTING false 0 45510 0 45510 MA true Student Financial Aid 2401 24140161 Schedule I, Part I, Line 2 Academic excellence and demonstrated financial need are used to determine each student's financial aid. The financial aid consists of any combination of grants and loans and are reviewed each year based on a student's academic record and/or demonstrated need. The free application for federal student aid, which helps to establish a student's financial need, serves as the application for tuition scholarships. Schedule I, Part III Cash grants are credits to student accounts. X X X false true X X X X X true false false false false false false true true true Helen G Drinan 345604 0 0 0 59221 0 22050 0 5500 0 432375 0 0 0 Michele Cloonan 204150 0 0 0 3360 0 25080 0 2620 0 235210 0 0 0 Stefano Falconi 297327 0 40000 0 2142 0 31350 0 22980 0 393799 0 0 0 Cheryl E Howard 227700 0 0 0 2331 0 27540 0 1507 0 259078 0 0 0 Gerald P Koocher 152332 0 0 0 18239 0 21413 0 21384 0 213368 0 0 0 Stefan Krug 167273 0 0 0 1114 0 20985 0 25303 0 214675 0 0 0 Deborah M Merrill-Sands 73913 0 0 0 20815 0 6692 0 1099 0 102519 0 0 0 Diane Grossman 207666 0 0 0 2099 0 25200 0 2486 0 237451 0 0 0 Kathleen B Rogers 177750 0 10000 0 1313 0 22500 0 38685 0 250248 0 0 0 Kristina G Schaefer 221690 0 0 0 17947 0 29280 0 40368 0 309285 0 0 0 Charlena Seymour 273942 0 14000 0 3324 0 22050 0 3722 0 317038 0 0 0 Patricia C Fallon 168549 0 0 0 2891 0 20760 0 8956 0 201156 0 0 0 Deborah G Taft 185670 0 0 0 854 0 22800 0 9688 0 219012 0 0 0 Susan C Scrimshaw 0 0 0 0 156000 0 0 0 0 0 156000 0 0 0 Deborah M Kolb 169906 0 0 0 1000 0 11220 0 7791 0 189917 0 0 0 Andrew Effrat 189418 0 0 0 5771 0 17100 0 1814 0 214103 0 0 0 Sarah H Neill 166548 0 10000 0 856 0 18495 0 8811 0 204710 0 0 0 Schedule J, Part I, Line 1a The College policies allow the President to travel First-Class under Certain circumstances. Spousal travel was provided for Helen Drinan, president. This travel is primarily for business purposes. However, when it is determined that the travel is not for business purposes it is reported as taxable compensation. A housing allowance was provided to Helen Drinan, president and Andrew Effrat, Associate Provost, and was considered taxable and was included in their taxable income. Schedule J, Part I, Line 1b The College has a written policy regarding spousal travel. ON OCCASION, OTHER BENEFITS LISTED IN QUESTION 1A OF SCHEDULE J MAY BE PROVIDED, BUT ONLY PURSUANT TO A VOTE OF APPROVAL BY THE BOARD OF TRUSTEES. Schedule J, Part I, Line 4a Susan Scrimshaw, former President, received $156,000 of severance (which was reported on a prior year's form 990). This payment was consistent with the terms of Ms. Scrimshaw's contract which provided for salary continuation for 18 months (12 months in 2009; 6 months in 2010). Schedule J, Part I, Line 7 On occasion certain individuals receive a non-fixed payment in recognition of achieving certain performance goals. These amounts are shown on Schedule J, Part II, Column(b)(II) for each individual. Schedule J, Part I, Line 8 The president's contract is a three year contract, effective July 1, 2008 through June 30, 2011. Deborah M. Merrill-Sands', dean, contract is a four year contract, effective July 1, 2007 through June 30, 2011 (Terminated May 14, 2010). Schedule J, Part II, Column (F) The IRS' FAQ on compensation certified that the reporting organization may disclose compensation reported in prior years' forms 990 in column (f). Simmons College has chosen not to disclose compensation reported from its prior forms 990. Due to software constraints "0" has been put in all of the blank fields. SIMMONS COLLEGE MHEFA REVENUE BONDS SERIES F 042456011 57585K2U1 2003-04-23 38115744 Renovations & improvements false false false SIMMONS COLLEGE MDFA REVENUE BONDS SERIES G 043431814 57583REX9 2006-01-12 49610000 New academic bldg, garage, & other false false false SIMMONS COLLEGE MDFA REVENUE BONDS SERIES H 043431814 57583RJG1 2007-01-04 45343798 Refinance Series C, D, F Bonds false false false SIMMONS COLLEGE MHEFA REVENUE BONDS SERIES I 042456011 57586EEL1 2009-01-22 59998380 Refin E Bond, Construct, Swap term false false false 3422747 31065000 38115744 421188 597351 1847000 35250205 2006 false false true true 49610000 563922 732819 2480500 44020416 1813175 2009 false false true true 2031909 45343798 31638791 575599 485410 12643972 false true 59998380 5976742 1199968 2466655 17167246 31140000 2034804 true false false true false true false false true 0.02450 0.00000 0.02450 true false false true false true 0.00000 0.00000 0.00000 true false true false false true 0.01980 0.00000 0.01980 true false false true false true 0.00000 0.00000 0.00000 true false false false true MBIA INC 2.3 true false false false true false false false false false false false false false false false false false false false false Schedule K, Part II, Line 3 Column (d) $31,140,000 of the MHEFA Revenue Bonds Series I proceeds were used to refund Series E bonds. Schedule K, Part II, Line 13 Column (c) The year of substantial completion for the MDFA Revenue Bonds Series H has been left blank because this issue was entirely for an advance refunding. Schedule K, Part III, Lines 4-5 During the year ended June 30, 2011, Simmons College had facilities that were partially financed with tax-exempt bonds. Simmons also used its own equity in those projects. For each project that was partially financed with tax exempt bonds, Simmons elected to allocate private business use first to its equity investment. Blue Cross Blue Shield President is director 5206590 Medical Insurance Coverage false Schedule L, Part IV President Drinan is a member of the board of directors of Blue Cross Blue Shield. X 1 2375 fair market value X 48 703229 fair market value 0 false true false Schedule M, Part I, Column (B) The amounts listed in column (b) represent total number of contributions received, not individual items. Form 990, Part I, Line 1, and Part III, Line 1 Mission Statement Simmons College exists to educate, empower and transform the lives of its students, preparing them for leadership in the professions, in their communities, and in the world. Simmon's enduring commitment is to provide an exceptional higher education experience that distinctively integrates theory and practice; academic excellence in the liberal arts and sciences combined with rigorous professional training. Simmon's history is rooted in visionary thinking and social responsibility; our mandate to prepare undergraduate women for professional success and meaningful lives remains at the core of our mission. Our graduate schools serve women and men who are passionate about learning, leading, and making a difference in their professions. Simmons students graduate intellectually equipped, professionally skilled and technologically proficient for cutting-edge careers that address our global society's greatest challenges and unmet needs, today and in the future. Form 990, Part III, Line 4c Academic Support and Student Services: Includes expenditures for activities that support and enhance the student's education, as well as contribute to their emotional and physical well being. Included in this category is the College library which houses over 261,830 bound books and periodicals, 71,770 full text e-journals, 121 electronic databases, and over 1,400 print periodical subscriptions. During fiscal year 2011, book circulations provided to students from the Simmons library totaled 32,412 while circulations of e-Reserves totaled 76,884. Also included in this category is the College's Health Center whose staff handled over 4,300 student/patient visits during fiscal year 2011. Another component of this category is the Office of Career Educational Services which had 3,407 student contacts during fiscal year 2011 through multiple channels such as career coaching, in-class workshops, recruitment activities and career fairs. Form 990, Part III, Line 4d Other Program Services are comprised of sponsored research and work study, auxiliary operations, and miscellaneous program service expenses. Form 990, Part VI, Lines 6 & 7a Simmons currently has 57 Corporators (The Corporation): 37 members of the Board of Trustees plus 20 additional members serving as a consultative body to the President and Board of Trustees, and as non-voting members of five Board Committees. The Corporation's primary duties are to elect annually the Trustee membership and amend the Simmons College By-Laws. Form 990, Part VI, Line 11a The Form 990 is prepared and signed by PricewaterhouseCoopers as paid preparer. The Form 990 is reviewed with the audit committee, and the compensation sections of the Form 990 are reviewed with the compensation committee. The Form 990 is provided to the Board of Trustees prior to the Form's filing with the IRS. Form 990, Part VI, Line 12c In its conflict of interest disclosure form the College asks all trustees and officers to declare any conflict of interest. Completed Conflict of Interest Disclosure Statements are reviewed by the General Counsel and Secretary to the Board. The General Counsel prepares a written report for the Audit Committee which sets forth all disclosure or comments made by respondents concerning potential or actual conflicts and that report is presented to the Audit Committee, President and Board Chair for discussion and necessary follow-up each year. At a minimum, those with conflicts are instructed to refrain from voting on matters where there are or may be perceived to be a conflict and to recuse themselves during any discussion of the issue. Form 990, Part VI, Line 15 The Executive Development and Compensation Committee is governed by a detailed Charter which grants it jurisdiction over compensation matters for all Simmons officers. The President makes salary recommendations for the officers each year to the Compensation Committee and the Committee reviews the performance metrics of the officers against salary data prepared by external compensation experts. The Committee then makes recommendations for officer salaries to the Board of Trustees for review and approval. Form 990, Part VI, Line 19 Simmons College financial statement are available upon request and are posted on the college's website. The college's governing documents and conflict of interest policy are available upon request. FORM 990, PART VII, SECTION A PERSUANT TO A VOTE OF THE BOARD OF TRUSTEES, ACADEMIC DEANS OF THE UNDERGRADUATE COLLEGE AND GRADUATE SCHOOLS ARE NO LONGER CONSIDERED OFFICERS OF THE COLLEGE. THEREFORE, THEY ARE DISCLOSED, AS APPLICABLE, AS FORMER OFFICERS. form 990, Part xi, line 5 RECONCILIATION OF NET ASSETS NET UNREALIZED GAIN ON INVESTMENTS $16,489,388 CHARITABLE REMAINDER TRUST (5) FUNDRAISING MA NA T POOLED INCOME FUND (1) FUNDRAISING MA NA T false false false false false false false false false false false false false false false false false true CHARITABLE REMAINDER TRUST (1) R 160862 CASH POOLED INCOME FUND (1) R 67730 CASH SCHEDULE R, PART IV, LINE 1 CHARITABLE REMAINDER TRUSTS ARE DOMICILED IN MASSACHUSETTS AND OHIO.